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| RIMS.org | RM Magazine | Risk Knowledge Library | RIMScast | RISKWIRE Archive | ||||||
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Today's Feature
Risk Management Magazine (12/20/2022)
The global insurance market continues navigate evolving uncertainties and recover from the economic challenges that have compounded an already hardened market and led to insurance pricing increases over the last several years. As organizations approach their upcoming insurance renewals, practical steps can be taken to help effectively manage their risk profile and total cost of risk.
Industry News
Insurance Journal (1/11/2023)
Cities nationwide are will soon face massive infrastructure problems that will ultimately translate to frequent losses and insurance claims for business owners. Reuters (1/9/2023)
In the 11th federal appeals court to ruling in favor of insurers, the Philadelphia-based 3rd Circuit has ruled that restrictions on the use of property, unaccompanied by “a distinct, demonstrable, and physical alteration of its structure,” do not trigger coverage under all-risk commercial property insurance policies. PropertyCasualty360 (1/10/2023)
According to MarshBerry’s Q4 2022 Quarterly M&A Market Update, merger and acquisition (M&A) activity likely had its second-highest deal count on record in 2022 despite economic challenges. Insurance Business (1/11/2023)
“We certainly want to play our part in making sure that the carbon transition can take place. If we don’t provide insurance solutions for new technologies in this space then in my opinion we’re not taking our share," says Aviva Canada Global Corporate & Specialty MD Urs Uhlmann.
Reuters (1/9/2023)
According to credit rating agency Moody's, economic and political turbulence caused by the COVID-19 pandemic and Russia's invasion of Ukraine will likely heighten environmental, social and governance (ESG) credit risks this year. Insurance Business (1/11/2023)
The UK’s Financial Conduct Authority (FCA) has called on the insurance industry to consider and prioritize the needs of those in financial difficulty. Rims Resources
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